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Y2K Risk Management: Contingency Planning, Business Continuity and Avoiding Litigation - Softcover

Goldberg, Steven H.; Etc.; Davis, Steven; Pegalis, Andrew

 
9780471333524: Y2K Risk Management: Contingency Planning, Business Continuity and Avoiding Litigation

Inhaltsangabe

By now, everyone has heard the horror stories surrounding the Year 2000 problem. Disappearing bank accounts, crashing aeroplanes, misdirected nuclear missiles - these are all issues which have been apparently dealt with. However, despite the best organized, planned and tested efforts, even a responsible business can be at risk from Y2K problems. These problems lie not in the internal systems which may well be ready for all eventualities, but in external supply chains which could fail and cause unforeseen problems. All businesses, regardless of the level of Y2K readiness, must have a Year 2000 contingency plan in place to ensure continuity through and beyond January 2000. Basically, there are three components to such continuity: testing, risk management, and contingency planning. This text works in unison with two previous titles (Perry "Year 2000 Software Testing" and De Jager "Countdown Y2K") to complete a Y2K survival kit which covers all of these areas necessary for business success. Furthermore, it explains how to undertake precautionary measures such as a legal audit which can mitigate the legal risks resulting from Year 2000 shortcomings. Presenting a phase-by-phase approach to ensuring business continuity in the event of Year 2000 difficulties and failures, this book prepares business and IT professionals in a number of ways. It allows the reader to draw-up checklists and contingency planning templates to ensure a well-organized and comprehensive approach to the impending issues. It guides the professional on a path to recovery after Y2K problems, covering short and long-term steps to restore normal business practices and minimize loss. And when used in conjunction with the other Wiley Year 2000 titles, this book allows the reader to be prepared for Year 2000 issues from all conceivable angles.

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Über die Autorin bzw. den Autor

STEVEN H. GOLDBERG is a litigation attorney and Y2K consultant in Boston (www.2000legal.com) and a nationally known speaker and writer on managing Year 2000 business and legal risks. He is cofounder of Dispute Resolution 2000 (www.dr2000.com) and a member of the Legal Advisory Board to the Rx2000 Solutions Institute. STEVEN C. DAVIS is a pioneer in the field of Y2K risk management, and local government and community planning. He maintains a public service Y2K Web site at www.davislogic.com/impact.htm, which also features planning templates from the book, and live links to the resources in the appendix. ANDREW M. PEGALIS, Esq., is the founder and President of Next Millennium Consulting, Inc., (www.consult2000.com), the nation′s first independent Y2K risk management services firm. He is also a frequent speaker and writer on Y2K risk management and legal issues.

Von der hinteren Coverseite

"It is naive to think we will all be prepared for Y2K by December 31, 1999. This is an important and timely book in which the authors provide clear and cogent advice for managing the entire spectrum of Year 2000 business and legal risks." –Dr. Edward Yardeni, Chief Economist, Deutsche Bank Securities Y2K Risk Management Every organization needs an effective risk management strategy to address Year 2000 business and legal risks, even if your own computer systems are repaired and tested. Your vendors may be unable to deliver supplies and customers unable to pay invoices. Failures of public and private infrastructure systems–such as power, water, and transportation–could cause major operational disruptions. If you suffer Y2K financial losses, you may need to seek compensation from responsible parties. Or if you are unable to meet contractual, fiduciary, or regulatory obligations as a result of Year 2000 problems, you may face litigation. This indispensable guide reveals the legal landscape unique to Y2K and covers such vital topics as:
∗ Business and legal risk assessment
∗ Identifying and safeguarding mission–critical business functions
∗ Fast–tracking a Y2K project
∗ Evaluating and protecting the supply chain
∗ Developing contingency plans and fall–back procedures
∗ Preparing a legal audit and reducing liability exposure
∗ Substantiating due diligence of Y2K compliance efforts
∗ Implications of the Year 2000 Information and Readiness Disclosure Act, SEC disclosure rules, and independent auditing guidelines
∗ Insurance coverage issues
∗ Exercising fiduciary duties and protecting corporate officers and information technology professionals
∗ Litigation planning and alternative dispute resolution

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